Member Info for c2645sg

What’s the point of arguing with someone who thinks a billion starts at 2,000,000,000, or someone who doesn’t even listen to his own advice, below?
AML can raise UP TO 5 BILLION SHARES in the rights issue. Their words, not mine, it's in the latest RNS.
The lower the SP falls, the bigger the dilution required, the more shares they need to create.

Like I said, creditors own Aston Martin. Bondholders are undisclosed as you know. If Invesco have been buying bonds and shares, then who could challenge them when Stroll bails out when they become insolvent?

Your faith in Stroll was suppose to evaporate at £15 a share. We are now heading towards the £3s next week and you're still trying to argue with me, it's hilarious! ;)
You'll be one like one of those CINE holders who loses every penny but still believes in the company.

Bet you wish you had listened to your own advice now! Ie sold at £15 and bought back in at the forthcoming rights issue with massive dilution in the £2s?
That's what happens when you don't listen.
What's your avergae, £17 odd, was it?
Hence why no-one should listen to a single word you say.

AML_007
Posted in: AML
Posts: 241
Price: 1,927.50
No Opinion

Clearly there would/should always be a point where the facts over take the faith.
For me and AML, the cold hard facts would hit home at around £15 a share.

When I would still be up (just), but have to accept my faith in Stroll, Moers, etc. was misplaced.

However, until that day…

Report post? Haha, pathetic.

Invesco have been aqcuiring AML shares.
They know what's coming. and so do you.

Hundreds if millions of new shares, maybe even billions, and people selling them instantly after the RI.
If you think the SP will rise on the back of that, then it's top up time.
Crack on!

AML_007
Posted in: AML
Posts: 241
Price: 1,927.50
No Opinion

Clearly there would/should always be a point where the facts over take the faith.

For me and AML, the cold hard facts would hit home at around £15 a share.

When I would still be up (just), but have to accept my faith in Stroll, Moers, etc. was misplaced.

However, until that day…

Massive dilution and RI is coming to your world very soon, TinyPie.
I was correct again, and all you could do is call me names and say it was ridiculous.
Apology accepted.

TinyPie2
Posted in: AML
Posts: 42
Price: 515.20

RE: Required reading19 Jun 2022 21:31
C26 aka Tim, Still waiting for the cash raise you promised was coming last year and early this year!

“Of course they are all desperate to put more money into AML
If they don't, AML is insolvent and they get NOTHING back.”

@c2645sg - Really?

Yup.
If no-one takes up the rights issue, AML are insolvent.

AML_007, what is your guess for the RI price?

Of course they are all desperate to put more money into AML
If they don't, AML is insolvent and they get NOTHING back.

The 16.7% is only for the PIF tranche.
Wait til you see the discount for the actual rights issue.

Clue, PIF share placement is raising £78m
Rights issue is raising £575m.

Therefore a minimum of 50% discount to current share price..... if the SP sinks lower, it will be a lot greater than 50%.
The prospectus says the max number of shares allowable in the RI is over 5 BILLION.
There are only 112m currently.

If you owe creditors £14k, it's your problem.
If you owe the crditors £1.4bn, it's their problem.

AM are rasiing cash to AVOID BANKRUPTCY, which CINE are now applying for.
AML shares in circulation will more or less double, current holders will be diluted by the same amount, and the cash raised will only see the company through the next 12 months.

You refuse to guess the RI price for 2 very good reasosns: You're incapable, nor do you want to admit the huge dilution, we can all see right through you Noah.

The businesses are different but the end game for companies unable to finance their debt is the same.

There is NO DIFFERENCE.
When a company can't sustain it's debt, the creditors call in the loans.
AML is LOSING money every year, c.£300m and paying interest of £290m per year on it's debt.
Completely unsustainable, and the recession aint even started.

AML have burned through £700m since Stroll took over, and he is siphoning off £21m a year for his private company?
Stroll wants to fundraise £575m, which is not enough.
Interest will still be £260m after rights issue and climbing with interest rates.

Equity holders will be drowned in dilution.

Don't listen ot the naive gamblers who tell you there is a diffence between all the debt ridden companies.
There is NO DIFFERENCE, they make no profits and the debt rises into a recession.

And then you get the idiots who think if they post something positive on top of what I say, everything is cool again.

Plenty of spaces in betwen, or copy paste when the link is already in the post. Juvenile.

Equity holders are last in line, the creditors own AML now.

And if you find yourself doubting anything I say, just look at Cineworld today.
Lenders calling the shots, owners and shareholders are completely powerless.
All the rampers have gone quiet.

This is what happens when one's ego creates unsustainable debt.

Debt will accelerate in 2023 with interest rate rises.
Income will slow because of recession and no new models until 2024.
Expenses will rise with infaltion.

Profit warning in 2022 and 2023 for sure.
As well as 2 dilutions for shareholders.

Lovely.

"We don’t need any more money at all. Let me be crystal clear, black and white: we do not need money, and car sales are on track"

Stroll, Feb 2022, 5 months before a rights issue RNS to save AML from bankruptcy, and car sales lower than projections.
Believe him at your peril.

I bet Stroll is rethinking the fundraising, he knows £575m aint anywhere close to enough and AML is in deep do do.
New cars cost £200m each!

Current cash is £156m, add half the funds raised in forthcoming rights issue, that becomes £450m ish.
Interest payments at £260m per annum and rising (inflation) a lot faster than everyone (except me) thought.
UK short-term borrowing costs are on track to post the biggest rise this week in more than a decade as investors braced themselves for the Bank of England to take more aggressive action to cool inflation.

AML had burned through £700m in 2 years, so another £350m for the next year and they are toast.
Hence why most analysts are saying this fund raise will not be the last.
Dilution in September, and then some more in 12-18 months.... this will be the last one though, promise!

Stroll has been disastrous. Terrible decisions will ruin this compoany, and he will walk away without losing much at all, and gaining a free F1 career for his son.
Shameful.

https://www.pistonheads.com/gassing/topic.asp?h=0&f=70&t=1719281&i=3760

Richard, where you at?
No new cars until 2024.... If that's true, wow!

CR888, you sounds like a desperate ramper who will say anything to get the SP up.
What happens if they walk away and no bid?

Hah, not a single mention of the forthcoming rights issue, raising more than the current market cap and creating masive dilution.
Another charlatan.

https://twitter.com/SupercarOwner/status/1559241468832792578